225 E 8th Ave UNIT D20LongmontCO80504
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Longmont at 225 E 8th Ave UNIT D20, Longmont, CO, 80504 uses $66,201 cash to close to unlock $2,143/yr annual cash flow and $179/mo monthly cash flow. Total monthly income runs $1,646/mo, and a $977/mo payment keeps the spread at $179/mo. Purchase price stands at $199,700, and rental yield measures 9.89% with $1,646/mo rent. Return on cash invested shows 23.15% in year one, and 5% annual appreciation builds toward $55,173 over five years. Five-year ROI reaches 121.75% and total cumulative return in cash records $80,602. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,646/mo property income covering a $977/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$304 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80504, Longmont, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,861 (100%) |
| Owner Occupied HU | 18,264 (70.6%) |
| Renter Occupied HU | 6,346 (24.5%) |
| Vacant Housing Units | 1,251 ( 4.8%) |
| Median Home Value | $627,380 |
| Average Home Value | $693,936 |
Housing Distribution
Address Breakdown
Residential
24,236
Single Family
21,852
Multi-Family
2,384
Businesses
987
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Listed by: Tammy Milano • RE/MAX Elevate
Mls Name: IRES
Mls Provider:
Mls ID: #1031982
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.